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Global miner Anglo American sustained a 3% fall in copper production to 283,400t for the June half-year (H1FY17), from 290,700t in H1FY16 due to a 2-month suspension of El Soldado mine operations for an updated mine plan and a 65-day electrical overhaul of the Collahuasi processing plant.The sale of Rustenburg in Nov 2016 reduced own mined production of platinum metal in concentrate by 5% to 617,100oz. Refined platinum production fell 29% to 528,700oz.

Australian coal miner Realm has posted June qtr (Q2FY2017) production of 519,000t saleable coal from its 70%-owned Foxleigh mine in the Bowen Basin of Qld, down from the 781,000t output in the March qtr.After the disruptions caused by tropical cyclone Debbie in March, coal sales improved to 790,000t (Q2FY16: 698,000t).The company released the Q2 production figures ahead of the July 14 EGM to approve the acquisition of the 70% Foxleigh mine from Anglo American for $A47.3M plus up to $75M royalties.

Shareholders have voted in 4 new board members at Russia-focused 20.2Moz resource gold miner Petropavlovsk, ousting Peter Hambro, who has run the company since founding it in 1994, Reuters reports.Rebel shareholders, holding around 40% of the company, backed nominees to replace 4 of the 6 board members. The new appointments include Chelsea Football Club chairman Bruce Buck and Vladislav Egorov, who works for 14.6% shareholder Renova, Russian billionaire Viktor Vekselberg's conglomerate.

Global miner Anglo American has turned to Stuart Chambers, who formerly headed British technology innovator ARM Holdings, following the resignation of chairman Sir John Parker.Parker announced in Feb his intention to step down after 8 years.Chambers, whose business career has covered the industrial, logistics and consumer sectors after starting at Shell as a chemical engineer, will join the Anglo American board as chairman designate on Sept 1 and become chairman on Nov 1.

The World Bank has called on Botswana to make details of its large mining contracts with companies public to improve transparency in the diamond rich country's business dealings, Reuters reports.Botswana earns 89% of its foreign exchange income and 30% of national revenues from mining, predominantly diamonds. It has various large-scale mining, sales and marketing contracts with Anglo American's diamond unit, De Beers.

Anglo American has found a buyer in unlisted Australian public company Malabar Coal for its 88.17% interest the mothballed Drayton thermal coal mine and Drayton South project in the Upper Hunter Valley of NSW.Malabar holds the Spur Hill underground coking coal project adjoining Drayton South.Anglo American says terms of the conditional agreement are confidential.

Anglo American has taken another step in the reshaping of its global portfolio with the ZAR2.3B sale of its Eskom-tied thermal coal operations in South Africa to a wholly owned subsidiary of black-controlled Seriti Resources Holdings. The sale includes its New Vaal, New Denmark and Kriel collieries plus four closed operations.Seriti will become the second largest thermal coal supplier to Eskom, meeting almost 25% of the South African utility's needs.

Dominion Diamond, the target of an unsolicited and rejected $US1.1B approach by US billionaire Dennis Washington, says it will now launch a formal sales process for the company, Reuters reports.The stock rose 3.4% on market speculation that global miners, including Rio Tinto and Anglo American'sDe Beers unit, may enter the fray and make a bid for the world's 3rd-largest diamond producer by value.